Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$212,074$212,074$269,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$57,836$0
Funding fee$1,060$1,060$0
Note rate3.470%3.470%7.320%
Blended rate3.470%4.655%7.560%
1st payment$1,098.39$1,098.39$1,854.09
2nd payment$0.00$433.77$0.00
Taxes / mo$106.42$106.42$106.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$280.00$280.00$280.00
Total monthly$1,634.80$2,068.57$2,444.49
Cash to close$87,826$29,990$29,990